Lease Option Pitfall Number 5
Now this is a very important Pitfall to avoid. You need to make money in this business or don't do it. You can't afford mistakes. This
Lease Option Pitfall Number 2
Not getting a proper title search against the property is Pitfall number two. This has happened to me with one of my students.
We did a title
Lease Option Pitfall Number 3
Protecting the seller from getting sued and getting a lien or a judgment with this particular property is it important part of dealing with least options.
When
Lease Option Pitfall Number 4
Not using a loan servicer so that your payment goes directly to paying the mortgage company PITI.
So the solution to making sure that the loan stays
Negotiating the Deal for a Sandwich
A sandwich is a sandwich lease option or a sandwich land contract.
You're acting as a middleman.
So here's an example.
Let's say the property is worth $100,000.
Market